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Consolidated Statements of Operations - USD ($)
$ in Millions
6 Months Ended 12 Months Ended
Dec. 31, 2019
Jun. 30, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues $ 1,596 $ 1,778 $ 3,797 $ 3,591
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization 1,349 1,462 3,127 2,979
Selling, general and administrative expense 139 145 277 301
Depreciation and Amortization, including Accelerated Depreciation 110 52 117 129
Gain on Disposition 0 0 44 0
Asset Impairment Charges 0 0 28 13
Business realignment costs 24 15 29 52
Other operating expense (income), net (17) (16) (36) (17)
Operating income (43) 88 227 100
Interest Expense 55 89 365 329
Loss on extinguishment of debt 0 0 0 (3)
Other non-operating (income) expense, net (1) 11 12 12
Reorganization Items 0 (3,105) 0 0
(Loss) income before earnings from unconsolidated entities (99) 3,115 (126) (220)
Income Tax Expense (Benefit) (9) 222 40 18
Income from continuing operations before earnings from unconsolidated entities (90) 2,893 (166) (238)
Earnings from unconsolidated entities, net of taxes 2 2 3 4
Net (loss) income (88) 2,895 (163) (234)
Net Income (Loss) Attributable to Noncontrolling Interest (1) (1) 1 0
Net (loss) income attributable to Hexion Inc. $ (89) $ 2,894 $ (162) $ (234)